News stories about United Financial Bancorp (NASDAQ:UBNK) have trended somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Financial Bancorp earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 43.8161202119477 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several equities analysts recently commented on the stock. Keefe, Bruyette & Woods lowered shares of United Financial Bancorp from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 7th. BidaskClub lowered shares of United Financial Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, February 21st. Hovde Group reaffirmed a “hold” rating on shares of United Financial Bancorp in a research report on Friday, January 26th. Finally, Sandler O’Neill set a $20.00 price target on shares of United Financial Bancorp and gave the stock a “buy” rating in a research report on Wednesday, January 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $19.33.
United Financial Bancorp (NASDAQ:UBNK) opened at $16.52 on Tuesday. United Financial Bancorp has a 52-week low of $15.47 and a 52-week high of $19.35. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.03 and a current ratio of 1.05. The company has a market cap of $844.40, a P/E ratio of 15.30 and a beta of 0.69.
United Financial Bancorp (NASDAQ:UBNK) last issued its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.24 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.05). United Financial Bancorp had a return on equity of 8.41% and a net margin of 20.25%. The company had revenue of $54.20 million for the quarter. equities research analysts expect that United Financial Bancorp will post 1.2 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 14th. Investors of record on Friday, February 2nd were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend was Thursday, February 1st. United Financial Bancorp’s dividend payout ratio (DPR) is 44.44%.
In other United Financial Bancorp news, EVP Mark A. Kucia sold 6,583 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $16.04, for a total transaction of $105,591.32. Following the completion of the sale, the executive vice president now directly owns 68,964 shares in the company, valued at $1,106,182.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Brandon Craig Lorey sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $18.26, for a total transaction of $365,200.00. The disclosure for this sale can be found here. Corporate insiders own 3.39% of the company’s stock.
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United Financial Bancorp Company Profile
United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.
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